# Why Natural Gas Prices Could Take a Hit Next Week

> Natural gas settled at $2.32 per mmBtu on October 24 after rising 1.5%. The EIA reported a 87 bcf inventory injection for the week ended October 18, 1 bcf below a Reuters poll estimate. The inventory surplus versus the five-year average widened to 0.8%.

- Date: 2019-10-25 · published 2019-10-25T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/12168-why-natural-gas-prices-could-take-a-hit-next-week
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

A widening storage surplus and a decline in heating degree days are bearish signals for gas prices. Further large injections would expand the surplus and weigh on prices.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2024-04-26 | [Weekly Natural Gas Cash Spot Prices Move Higher as Futures Stumble](https://feedsoft.ai/events/9866-weekly-natural-gas-cash-spot-prices-move-higher-as-futures-stumble.md) | +18.9% | +71.3% |
| NATGAS | 2023-02-01 | [EIA forecasts lower wholesale U.S. natural gas prices in 2023 and 2024](https://feedsoft.ai/events/37942-eia-forecasts-lower-wholesale-u-s-natural-gas-prices-in-2023-and-2024.md) | -7.6% | +1.2% |
| NATGAS | 2025-05-27 | [NATURAL GAS WEEKLY UPDATE (Week Ending 05-23-25)](https://feedsoft.ai/events/24867-natural-gas-weekly-update-week-ending-05-23-25.md) | +6.5% | +9.3% |
| NATGAS | 2020-07-14 | [US Henry Hub natural gas spot prices hit record lows \| Hydrocarbon Engineering](https://feedsoft.ai/events/52293-us-henry-hub-natural-gas-spot-prices-hit-record-lows-hydrocarbon-engineering.md) | -4.0% | +24.2% |
| NATGAS | 2018-02-01 | [EIA expects 2018 and 2019 natural gas prices to remain relatively flat](https://feedsoft.ai/events/67161-eia-expects-2018-and-2019-natural-gas-prices-to-remain-relatively-flat.md) | -14.0% | -15.1% |

## Sources

- marketrealist.com: https://marketrealist.com/2019/10/why-natural-gas-prices-could-take-a-hit-next-week/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.